MEDICAL INFORMATION TECHNOLOGY, INC.
OCTOBER 31, 2018
Total revenue decreased $2.8M to $119.1M and operating income decreased $3.0M to $14.2M, down 2.3% and 17.6% when comparing third quarter 2018 to that of the prior year. Total revenue increased $10.7M to $366.5M and operating income increased $4.2M to $48.0M, up 3.0% and 9.7% when comparing year to date 2018 to that of the prior year.
These results continue our growth and are the most important indicators of our business. Fluctuations in our marketable securities continue to distort net income. Thus comparisons of net income to prior periods may no longer be meaningful.
The Board of Directors declared a regular quarterly cash dividend of $0.62 per share on all of MEDITECH's outstanding common shares payable to holders of record at the close of business on October 22, 2018 with payment of such dividend to be made on Monday, November 5, 2018.
MEDITECH is pleased to provide access to its annual reports on Form 10-K and quarterly reports on Form 10-Q, just as soon as such reports are filed with the SEC. The reports listed below link to copies of the reports stored on MEDITECH's website.
If you prefer to access all of the Company's filings on the SEC's website click here
instead. To access our Code of Ethical Conduct click here
. To access our By-Laws click here